Unlike a Classification Tree, a Regression Tree Enables Us to Predict

question 16

Multiple Choice

Unlike a classification tree, a regression tree enables us to predict the value of a ________ response variable.

• A) quantitative
• B) categorical
• C) qualitative
• D) class membership

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Definitions:

Total Investment

Refers to the cumulative sum of money invested in a particular asset or portfolio over a period of time.

Canadian Dollar

The official currency of Canada, symbolized as CAD in the foreign exchange market.

87.5%

A numerical value representing 87.5 parts out of 100; often used in statistical or financial contexts.

Percent Reduction

The percentage by which a quantity is decreased, commonly used in sales and discount contexts.